Short Interest in Thornburg Core Plus Bond ETF (NASDAQ:TPLS) Rises By 112.4%

Thornburg Core Plus Bond ETF (NASDAQ:TPLS) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 3,118 shares, a growth of 112.4% from the April 30th total of 1,468 shares. Based on an average daily trading volume, of 1,194 shares, the days-to-cover ratio is currently 2.6 days. Currently, 0.4% of the company’s shares are short sold.

Hedge Funds Weigh In On Thornburg Core Plus Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of TPLS. Jane Street Group LLC purchased a new position in shares of Thornburg Core Plus Bond ETF during the first quarter valued at about $253,000. PFG Private Wealth Management LLC purchased a new stake in Thornburg Core Plus Bond ETF in the third quarter worth about $307,000. Cornerstone Wealth Group LLC grew its holdings in Thornburg Core Plus Bond ETF by 24.9% in the fourth quarter. Cornerstone Wealth Group LLC now owns 164,034 shares of the company’s stock worth $4,176,000 after purchasing an additional 32,668 shares during the period. Finally, Integrity Wealth Solutions LLC grew its holdings in Thornburg Core Plus Bond ETF by 30.6% in the first quarter. Integrity Wealth Solutions LLC now owns 15,903 shares of the company’s stock worth $401,000 after purchasing an additional 3,726 shares during the period.

Thornburg Core Plus Bond ETF Stock Performance

Shares of NASDAQ TPLS opened at $25.12 on Monday. Thornburg Core Plus Bond ETF has a 1 year low of $24.82 and a 1 year high of $26.00. The company’s 50-day moving average is $25.21 and its 200 day moving average is $25.46.

Thornburg Core Plus Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were given a dividend of $0.0995 per share. This is an increase from Thornburg Core Plus Bond ETF’s previous dividend of $0.09. The ex-dividend date was Thursday, May 28th.

About Thornburg Core Plus Bond ETF

The Thornburg Core Plus Bond ETF (TPLS) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking total returns through investments in the broad US fixed-income market. Securities can be of any credit quality and maturity. TPLS was launched on Feb 5, 2025 and is issued by Thornburg.